In response to the news that the European Banking Authority is investigating a possible breach of Union law by the Estonian and Danish financial services authorities in relation to the Danske Bank scandal, Nienke Palstra, Anti-Corruption Campaigner at Global Witness said:
"The sheer scale of the money laundering scandal at Danske Bank in Estonia has shaken Europe to its core. Today's news is a positive step towards rebuilding trust in the EU's ability to fight corruption, but we must see Danish and Estonian authorities, Danske Bank, and senior bankers held to account – to make sure this never happens again."
You might also like
Extended ReportWhat the UK's open data register actually tells us about company ownership
Blog postGlobal Witness follows the money. Our investigations try to track down who’s behind suspect natural resource deals, to try and stop the money being lost in poor countries, or to help prevent conflict or environmental destruction. However, too often our efforts are brought to an abrupt halt by anonymous shell companies.
Blog postDanske Bank has published the findings of their long-awaited investigation into money laundering through its Estonia branch – the findings are mind-boggling.